The maximum exposure for currency instruments involving the Turkish Lira (TRY) are being decreased during the upcoming presidential election in Turkey.
The following maximum exposure will be applied with immediate effect:
• EURTRY: 100'000
• USDTRY: 100'000
• TRYJPY: 1'000'000 (unchanged)
The above limits are applied to the opening of new positions and to the increase of existing positions.
Clients currently holding positions that exceed the above maximum instrument exposure may continue to hold such positions.